Rights Issue6 Nov 2026, 05:10 pm
BCC Fuba India Ltd: Second Monitoring Agency Report for Rights Issue Funds
AI Summary
BCC Fuba India Ltd has submitted its second Monitoring Agency Report for the quarter ended September 30, 2026. The report, issued by Brickwork Ratings India Private Limited, pertains to the utilization of funds raised through a Rights Issue of Equity Shares aggregating to ₹34.45 Crore. The report indicates no deviation from the stated objects of the issue. The funds were raised during the period of March 19, 2026, to March 27, 2026. Brickwork Ratings has confirmed that the report is prepared as per SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, and the monitoring agency agreement.
Key Highlights
- Second Monitoring Agency Report submitted for Q3 2026.
- Funds utilized from Rights Issue of ₹34.45 Crore.
- No deviation from the objects of the issue reported.
- Report issued by Brickwork Ratings India Private Limited.
- Covers utilization of proceeds from Rights Issue of Equity Shares.
Price Impact
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